固德威(688390) - 固德威投资者关系活动记录表

Business Strategy and Market Expansion - The company has a long-term strategy to expand overseas markets, with a focus on both domestic and international markets [2] - The company has established long-term stable relationships with high-quality customers in multiple countries including Germany, Italy, Australia, and the US [2] - The company is actively expanding into new markets, especially emerging markets, and deepening its global strategic deployment [3] R&D and Product Development - The company follows a "produce one generation, develop one generation, reserve one generation, and pre-research one generation" R&D strategy [2] - R&D focuses on energy conversion, power electronics, energy storage, and energy internet core technologies [2] - The company collaborates with customers to develop new products that meet market demands [2] Financial Performance - In the first three quarters, the company's revenue decreased by 12.51% year-on-year due to a significant drop in overseas sales of inverters and batteries [2] - The gross profit margin for Q3 was 23.41%, a decrease of 7.78 percentage points year-on-year but an increase of 3.26 percentage points quarter-on-quarter [3] - The decrease in gross margin was mainly due to a significant decline in overseas sales of higher-margin inverters and batteries, despite a large increase in domestic sales of residential photovoltaic systems [3] Operational and Market Challenges - The company's inventory levels are reasonable, and European inventory destocking has bottomed out [3] - The company is actively responding to various adverse effects, including increased R&D investment and technological innovation [3] - The company is closely monitoring the impact of the new US administration on its business [3] New Business and Future Outlook - The company's subsidiary, Goode Thermal Technology, focuses on the development, manufacturing, and sales of heat pump products, primarily in the Guangdong region [2] - The company is optimistic about the future, with business gradually recovering and new markets showing initial success [2] - Specific details on orders, capacity, and revenue expectations will be disclosed in future reports [3]